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Nov 14, 2012
11/12
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KRON
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a fiscal cliff. the president will meet with top american ceos to get their thoughts. on tuesday labor leaders went to the house to discuss a tax increase unless congress compromises. >> the president like we are his committed to preserving the tax breaks for the middle class and making sure rich people pay their fair share. >> if things do not change the tax cuts will expend for middle income americans in january. the estimated house will face a tax increase of $3,500. >> thinking a refund may not be a possibility for some people will use the money to take care of the expenses. that would be tough. >> democrats want higher taxes on the wealthy and keep the current tax rate for the middle class. republicans want to cut government spending. a new poll shows that lawmakers are too far apart. have think congress will not reach a deal. i'm martha shane reporting. >> nancy pelosi will announce her plans later this month. she has scheduled a news conference to discuss what she will stay on as the democrati
a fiscal cliff. the president will meet with top american ceos to get their thoughts. on tuesday labor leaders went to the house to discuss a tax increase unless congress compromises. >> the president like we are his committed to preserving the tax breaks for the middle class and making sure rich people pay their fair share. >> if things do not change the tax cuts will expend for middle income americans in january. the estimated house will face a tax increase of $3,500. >>...
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Dec 18, 2012
12/12
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KGO
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eye 130
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: negotiations to avoid the fiscal cliff are heating up. both sides are starting to make concessions. this morning speaker boehner briefed republican lawmakers on where things stand. >> i continue to hope we can reach broad area agreement. >> reporter: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush tax cuts for every american earning less than $400,000 a year instead of $250,000. >> his position is not based on the notion that these rate have to go up because that's good, it is based on the necessity of having enough revenue as part of this balanced package. >> reporter: the white house plan would limit cost of living increases for social security recipients and two year extension on debt ceiling. even as boehner continues to work on a deal with the president, he's keeping handy, a plan b. today he said that proposal would extent the bush tax cuts for every
: negotiations to avoid the fiscal cliff are heating up. both sides are starting to make concessions. this morning speaker boehner briefed republican lawmakers on where things stand. >> i continue to hope we can reach broad area agreement. >> reporter: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush...
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Nov 26, 2012
11/12
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KPIX
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eye 196
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they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side and on the entitlement side, and while there are two parties, they are willing to solve this problem, this is a very easy thing to do technically. >> reporter: republicans are hinting they may be open to a compromise that raises revenue but many are still firm they won't let bush-era tax cuts expire for the wealthiest americans. >> i would be very much opposed to raising tax rates but i do believe we can close a lot of loop holes. >> reporter: democrats say just closing loop holes and limiting deductions is not enough to make a dent in the nation's $16 trillion deficit. >> you've got to raise additional revenues,
they're expressing optimism about the prospect of reaching a deal to avoid the fiscal cliff but cbs reporter danielle hotting ham said they're also sounding some alarms. >> reporter: the senate returns today with just five weeks left to hammer out a deal to avoid the fiscal cliff. republican senator bob corker says lawmakers need to show some political courage to prevent tax increases and spending cuts from taking effect january 1st. >> there's a menu of options on the revenue side...
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Nov 29, 2012
11/12
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KRON
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representatives of being sent to capitol hill to find a solution for the impending fiscal cliff today. republicans claim the white house has yet to provide specifics on how the president will curb the rapid growth of programs like medicare and medicaid. the president is insisting that tax rates go up on families that earn more than $250,000 a year. house speaker john major is adamant that any new tax bracket is coming from overhauling the tax code and clearing out tax breaks and lower rates for everyone. it is 9:06 a.m. and we'll be back in a couple of minutes. let's take a live look at bernal heights. this big tree came down and we'll have more on that in a couple of minutes. among take a look at some of this damage from the wind and rain and san francisco's berle heights neighborhood. yoli is on the scene. what street is this on? >> i believe this is virginia street. it is virginia street. i'm just getting confirmation. this jury blancs to this city and it is on the sidewalk here. according to a neighbor they heard a fall around 4:00 a.m.. it was one of those things that history was
representatives of being sent to capitol hill to find a solution for the impending fiscal cliff today. republicans claim the white house has yet to provide specifics on how the president will curb the rapid growth of programs like medicare and medicaid. the president is insisting that tax rates go up on families that earn more than $250,000 a year. house speaker john major is adamant that any new tax bracket is coming from overhauling the tax code and clearing out tax breaks and lower rates for...
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Dec 18, 2012
12/12
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KRON
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fiscal cliff talks continue today house speaker jon baker will meet with house republicans to discuss the president's latest offer. sources familiar with the tatalks describe the white house plan to include 1.2 trillion dollars in new tax revenue is the same number and spending reductions. white house officials say they're hopeful of a deal. >> the use to the cold weather because it will be colder tomorrow. this morning that you can see some patchy frost in the north bay where temperatures are running cooler. there's a possibility for some north bay fog but we're not getting any reports of low visibility this morning. this afternoon partly cloudy and only a slight chance of a spray shower later on tonight. with ross advisory that goes into effect as well as a freeze warning overnight into tomorrow. what that means is that it will be very cold. temperatures right now are called is in the north bay. at 30 and santa rosa 35 vallejo. oakland is 33 degrees, mid-40s for downtown san francisco through san mateo. temperatures are continuing to drop until the sun rise. satellite and radar show
fiscal cliff talks continue today house speaker jon baker will meet with house republicans to discuss the president's latest offer. sources familiar with the tatalks describe the white house plan to include 1.2 trillion dollars in new tax revenue is the same number and spending reductions. white house officials say they're hopeful of a deal. >> the use to the cold weather because it will be colder tomorrow. this morning that you can see some patchy frost in the north bay where...
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Dec 18, 2012
12/12
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KOFY
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: negotiations to avoid the fiscal cliff are heating up. both sides are starting to make concessions. this morning speaker boehner briefed republican lawmakers on where things stand. >> i continue to hope we can reach broad area agreement. >> reporter: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush tax cuts for every american earning less than $400,000 a year instead of $250,000. >> his position is not based on the notion that these rate have to go up because that's good, it is based on the necessity of having enough revenue as part of this balanced package. >> reporter: the white house plan would limit cost of living increases for social security recipients and two year extension on debt ceiling. even as boehner continues to work on a deal with the president, he's keeping handy, a plan b. today he said that proposal would extent the bush tax cuts for every
: negotiations to avoid the fiscal cliff are heating up. both sides are starting to make concessions. this morning speaker boehner briefed republican lawmakers on where things stand. >> i continue to hope we can reach broad area agreement. >> reporter: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush...
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Nov 7, 2012
11/12
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KNTV
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they have to work together to deal with the fiscal cliff. >> it was nice for a lot of americans to hear about george romney. we have another call here. another state has been awarded to mitt romney. that is the state of alaska. where we are projecting he will be the victor when all the votes are counted, leading 55-41. to our local stations, those on the west coast, who need to breakaway to cover some local news, we will let you do that. and we are going to keep going here on the east coast. all this activity on stage in chicago. >>> tonight, in this election, you, the american people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves up. we have fought our way back. and we know, in our hearts, that for the united states, the best is yet to come. >> forward with four more years. president obama re-elected to a second term, clinching ohio to get the electoral votes needed to defeat mitt romney. good evening, everyone. >> it is the pivotal night in america. and a crucial night here in california. the presidential race is over but many
they have to work together to deal with the fiscal cliff. >> it was nice for a lot of americans to hear about george romney. we have another call here. another state has been awarded to mitt romney. that is the state of alaska. where we are projecting he will be the victor when all the votes are counted, leading 55-41. to our local stations, those on the west coast, who need to breakaway to cover some local news, we will let you do that. and we are going to keep going here on the east...
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Nov 16, 2012
11/12
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WUSA
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for a way to avoid the fiscal cliff. if the two sides don't reach a budget deal before the end of the year, automatic spending cuts and tax hikes will kick in and possibly throw the economy back into a recession. >> so our challenge is to make sure that we are able to cooperate together, work together, find some common ground. >>reporter: the president is promising $4.4 trillion in budget cuts over the next 10 years. he also wants $1.6 trillion in new revenue, including higher taxes on families making more than $250,000 a year. >> a modest tax increase on the wealthy is not going to break their backs. >>reporter: but republicans say they will not agree to a deal that includes tax hikes. >> an opening bid of $1.6 trillion in new taxes just isn't serious. >>reporter: but one possible solution might include a plan that mitt romney proposed during the presidential campaign. the republican nominee wanted to cap the amount of tax deductions americans can take on items like mortgage interest. house speaker john boehner has show
for a way to avoid the fiscal cliff. if the two sides don't reach a budget deal before the end of the year, automatic spending cuts and tax hikes will kick in and possibly throw the economy back into a recession. >> so our challenge is to make sure that we are able to cooperate together, work together, find some common ground. >>reporter: the president is promising $4.4 trillion in budget cuts over the next 10 years. he also wants $1.6 trillion in new revenue, including higher taxes...
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Dec 18, 2012
12/12
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KPIX
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coming up, are the president and house republicans close to a deal on the "fiscal cliff"? >> and you snapped it and shared it so why is instagram going to sell it? the new rules users need to know. >> and we got clear blue skies all across the bay area. it is cold out there, though. it's getting colder still overnight tonight. in fact, we have freeze warnings posted for parts of the bay area. we'll tell you where plus a look at your seven-day forecast coming up. ,,,,,,,,,,,,,,,, taking out a train on its w down.. seven cars were derailed.. t >>> take a look at this mountainside near everett, washington, giving way taking out a train on the way down. 7 cars derailed. but that's the only thing that spilled. there were no hazardous chemicals involved. how did they have a camera? >> i don't know. amazing video. >>> after weeks of deadlock, there are signs a deal on the "fiscal cliff" may be close. cbs reporter danielle nottingham is in washington, d.c. with the very latest on the negotiations and the looming deadline. >> reporter: michelle and brian, house speaker john boehner
coming up, are the president and house republicans close to a deal on the "fiscal cliff"? >> and you snapped it and shared it so why is instagram going to sell it? the new rules users need to know. >> and we got clear blue skies all across the bay area. it is cold out there, though. it's getting colder still overnight tonight. in fact, we have freeze warnings posted for parts of the bay area. we'll tell you where plus a look at your seven-day forecast coming up....
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for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere would enjoy peace of mind. senate has done their part. we're waiting for republicans and so far they have put unballoted plan that lowers rates for the wealthy americans. >> marco rubio says it will not reduce the nation's $16 trillion debt. >> officials for the proposed sonoma marin smart train are looking to get federal funding to buy more train cars. smart train is committed to go to cloverdale and larkspur but more rail cars would be needed. they report that money force the cars would come out of the budget for pedestrian and bicycle paths. bicycle advocates say it will take away two-thirds of their funding setting the plan back five years. >> three women who dined at a st
for blocking a bill to resolve the fiscal cliff crisis. congress has not compromised on whether taxes should be raised on wealthy americans to help reduce the deficit. latest version of the plan would prevent a tax hike on the first quarter million dollars of a person's earning. >> the wealthiest americans would get a tax cut on first $250,000 and families everywhere would enjoy peace of mind. senate has done their part. we're waiting for republicans and so far they have put unballoted...
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Nov 30, 2012
11/12
by
KRON
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eye 111
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an argument with republicans and how he wants things to go forward and how to avoid the fiscal cliff. the tear- gas to say >> we know how to do that but in washington nothing is easy sell there's gonna be some prolonged negotiations. all of us are going back to get out of our comfort zone is to make that happen. i am willing to do that and i am hopeful that enough members of congress and both parties are willing to do that as well. we can solve these problems. but where the clock is really taking right now is on middle-class taxes. at the end of the year middle-class taxes that are currently in place are set to expire. middle-class tax cuts that are currently in place are set to expire. there are two things that can happen. if congress does not every family in america will see their income taxes automatically go up on january 1st. every family, everybody here will see your taxes go up when the reverse. i am assuming that does not sound too good to. it sounds like the local you get for christmas. >> that is the president talking about the fiscal cliff and about attack its rates going u
an argument with republicans and how he wants things to go forward and how to avoid the fiscal cliff. the tear- gas to say >> we know how to do that but in washington nothing is easy sell there's gonna be some prolonged negotiations. all of us are going back to get out of our comfort zone is to make that happen. i am willing to do that and i am hopeful that enough members of congress and both parties are willing to do that as well. we can solve these problems. but where the clock is...
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Nov 14, 2012
11/12
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KRON
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to be the blame for the fiscal cliff. 53 percent of american stated that the republicans will be the ones to blame if they do not avoid the fiscal cliff. both homicide's may share the blame according to 10%. >> this was not the case. the man who has not been identified is taken back accusation that he made about bill moldelmo. he stated t he is happier relieved that this allegation has been put to rest. >> it is 9:41 a.m.. >> we want to get out and enjoy the day before it starts to rain. it is a pretty nice day. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr includ
to be the blame for the fiscal cliff. 53 percent of american stated that the republicans will be the ones to blame if they do not avoid the fiscal cliff. both homicide's may share the blame according to 10%. >> this was not the case. the man who has not been identified is taken back accusation that he made about bill moldelmo. he stated t he is happier relieved that this allegation has been put to rest. >> it is 9:41 a.m.. >> we want to get out and enjoy the day before it...
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Nov 27, 2012
11/12
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KTVU
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eye 115
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cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital in san francisco may have been a false alarm. for instance fire facers were called to a -- san francisco firefighters were called to a home last night where several family member complained of being sick and said they heard a fire alarm. thirteen people, including small children, were taken to the hospital, and some were found to have elevated levels of carbon monoxide, but pg & e found no gas leaks in the home. officials say it can be caused by smoking cigarettes. the >>> a fake press release stating that google h
cliff. republicans are pressing the white house for a list of long- term spending cuts. democrats still want to raise income taxes on the rich. so far there is little outward signs the two sides are are closer to heading off the automatic tax increases and spending cuts economists have said could push the economy into another recession. the dow dropped 42 points today. the nasdaq was up by 9. the s&p closed by by 2. >>> a carbon monoxide scare that sent four people to the hospital...
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cliff. this morning president obama will host some of nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on top 2% of income earners. republicans countered with plan it would raise 800 billion dollars in revenue but doesn't call for raising tax rates on the wealthy the proposal was quickly rejected by the white house. >>> if you plan to fly anywhere for the holiday, book your flight right away. >> here's jane king with the bloomberg business report. >>> good morning. if you are thinking of flying over the holidays and don't have a ticket yes, book fast. airfares are up 4% compared to last year now that advanced purchase window can keep costs down if you buy 21 days in advance. if you are looking to save, christmas day airfares are cheaper along with december 27th and 31st, 17th and 18, may be good. congress gearing up to overall haul student loan debt collection wisconsin representative expected to introduce a measure this week
cliff. this morning president obama will host some of nation's governors to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on top 2% of income earners. republicans countered with plan it would raise 800 billion dollars in revenue but doesn't call for raising tax rates on the wealthy the proposal was quickly rejected by the white house. >>> if you plan to fly anywhere for the holiday, book your flight right away. >> here's jane king...
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Dec 18, 2012
12/12
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KGO
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. >>> washington may be taking a step back from the fiscal cliff. next, the offer from the white house that republicans will consider this morning. >>> mystery of a stolen hollywood film. why application and the movie studio are [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin just unroll it, fill, top, bake, and present. that must have taken you forever! it was really tough. [ female announcer ] pillsbury pie crust. let the making begin >>> this morning house speaker boehner will present the white house's latest offer to house republicans. it would eliminate a tax cut for americans earning more than $400,000 a year. it would cut 400 billion dollars from health care programs and 200 billion dollars from other programs over the next 10 years. the offer would not change the eligibility age for medicare and that could be a sticking point
. >>> washington may be taking a step back from the fiscal cliff. next, the offer from the white house that republicans will consider this morning. >>> mystery of a stolen hollywood film. why application and the movie studio are [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let...
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Dec 29, 2012
12/12
by
KGO
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americans to avoid the fiscal cliff. >>> don't be surprised if you come across a dui checkpoint in your neighborhood over the next few days. the highway patrol and other law enforcement agencies have their checkpoints in place. they will continue to be every night through new year's day. >>> a bay area law maker is proposing a new solution for getting repeat drunk drivers off the roadways. it's already being as utilized in other states. abc7 news reporter david louie has the details of the new proposal. >> the thinking behind the proposed crackdown of repeat offenders is to address what state senator jerry hill says is a high rate of drunk drivers who don't modify their behavior. he cites 2009 statistics, the most recent numbers available. >> there were 161,000, 161,000 dui arrests and convictions in california. twenty seven percent of those were repeat offenders. >> a second dui conviction would require a a driver to buy and install an ignition intercept device. this is video posted on youtube by several manufacturers showing how their devices work. a breath sample is taken and the car
americans to avoid the fiscal cliff. >>> don't be surprised if you come across a dui checkpoint in your neighborhood over the next few days. the highway patrol and other law enforcement agencies have their checkpoints in place. they will continue to be every night through new year's day. >>> a bay area law maker is proposing a new solution for getting repeat drunk drivers off the roadways. it's already being as utilized in other states. abc7 news reporter david louie has the...
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Dec 3, 2012
12/12
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KRON
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. >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing for a house vote. >> we think it would be a wonderful christmas gift for the american people to receive a tax cut in january. >> we are optimistic. >> republican senator linda
. >> with a so-called fiscal cliff and higher taxes for all americans looming. >> right now i will say we are nowhere. >> the house speaker blamed the stalemate on the obama administration. he said they are not taking republicans seriously with plans to close loopholes and limited deductions without raising taxes. >> off the president may disagree but the fact is if there is a another way to get revenue from upper income americans that does not hurt our economy why would...
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Dec 4, 2012
12/12
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KPIX
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eye 136
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the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president and republicans can't come to a compromise, everyone's taxes will go up january 1. government spending will be slashed. >>> the dow lost 60. the nasdaq was down 8, s&p down 7. >>> the storms that blew through the bay area brought down many trees and that's meant a hard lesson for homeowners who were cleaning up today. cbs 5 consumerwatch reporter julie watts explains your insurance doesn't always cover fallen trees. julie. >> reporter: something many are likely learning following this weekend's storm. we received photos from across the bay area of downed trees on
the latest round of "fiscal cliff" negotiations. the republican proposal includes cutting $900 billion from medicare and reforming social security. it would also raise $800 billion in tax reforms. but the white house says the offer still favors cutting taxes for the wealthy. >> us this far, republican leaders have been adamant that they don't believe rates ought to go up on the top 2% of wealthiest americans. the american people overwhelmingly disagree. >> if the president...
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Dec 4, 2012
12/12
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KRON
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. >> the latest on the fiscal cliff talks. competing plans from the white house and republicans was little talk of compromise. if the white house plans raises taxes on any and come over to london and $50,000 with 350 billion in cuts to medicare and 200 billion in new stimulus and and fracture spending. the republican counter offer has deeper cuts to a medicare and reduces the social security cost of living increase. but it has no tax increases. it raises revenue through closing tax loopholes and this deductions. raising 800 billion over 10 years. does have a what the president is proposing.hite house he immediately rejected the republicans' proposal. the president is saying that he will not accept a proposal without a tax increase for the wealthier americans. it is 27 days until the fiscal cliff. >> u.s. officials say that the white house and its allies are weighing military options to secure serious chemical and biological weapons. this comes after u.s. intelligence reports show that the syrian regimen may be ready and those
. >> the latest on the fiscal cliff talks. competing plans from the white house and republicans was little talk of compromise. if the white house plans raises taxes on any and come over to london and $50,000 with 350 billion in cuts to medicare and 200 billion in new stimulus and and fracture spending. the republican counter offer has deeper cuts to a medicare and reduces the social security cost of living increase. but it has no tax increases. it raises revenue through closing tax...
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Dec 4, 2012
12/12
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KPIX
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counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's 5:31 on this tuesday. muni service back to normal on market street this morning. power was just restored to the subway. last night service was shut down for hours. cate caugiran joins us now. >> reporter: they had their hands full yesterday michelle and frank. but i just spoke with a muni spokesman on the phone who told me in terms of the morning commute, they are happy to say that again all trains are back up and running an service has been fully restored. now this is because crews were working well into the night to restore power to all of those underground transit stations. now, all trains were stopped just before 6:00 last night. muni says the melt yo
counter plan to avoid that "fiscal cliff." >> republicans need to acknowledge it that that's the only way to get from here to there. >> from across the bay to around the world -- >> obviously, we want a family so we have to start thinking about that. >> -- the stories that matter on "eyewitness news this morning." ♪ [ music ] >>> good morning. it's tuesday, december 4. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it's...
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Dec 5, 2012
12/12
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KPIX
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eye 158
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lawmakers on capitol hill now have less than four weeks to avoid the dreaded "fiscal cliff" we have all heard about. if democrats and republicans don't reach a budget agreement by year's end, across-the-board tax hikes and budget cuts will kick in automatically. house speaker john boehnered off a republican proposal this week but president obama and other democrats have dismissed it because it includes no tax increase for the wealthiest of americans. >> 60% of americans pay slightly more. >> there's only one person out of 307 million americans who can sign something in law, the president. >> boehner is set to meet with small business owners while the president speaks at a conference of corporate ceos. >>> bob dole made an appearance on capitol hill yesterday in a wheelchair frail but still flexing his political might. he could not convince enough republicans to support a disabled rights treaty. the united nations treaty would ban discrimination against people with disabilities. it fell five votes short of getting the needed two-thirds approval in the senate. >>> the world's oldest woman
lawmakers on capitol hill now have less than four weeks to avoid the dreaded "fiscal cliff" we have all heard about. if democrats and republicans don't reach a budget agreement by year's end, across-the-board tax hikes and budget cuts will kick in automatically. house speaker john boehnered off a republican proposal this week but president obama and other democrats have dismissed it because it includes no tax increase for the wealthiest of americans. >> 60% of americans pay...
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Dec 4, 2012
12/12
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KTVU
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. >>> why the president refuses to consider the republicans' plan to avoid thefully -- the fiscal cliff. >>> and iran claims to have company charred a u.s. drone. why the u.s. is highly skeptical of this story. d like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >>> mostly cloudy skies. some rain developing to the north. some of that will move in. the bulk of it will be in today and tomorrow. >>> developing news from syria. 29 students and a teacher were just killed in a mortar attack in a school near damascus. syrian immediate yay blames terrorists. the syrian government is often called rebels trying to overthrow the syrian regime terrorists. there's still investigations going on. >>> iran has claimed to have captured a u.s. drone. a radar image shows the image. iran says it captured the
. >>> why the president refuses to consider the republicans' plan to avoid thefully -- the fiscal cliff. >>> and iran claims to have company charred a u.s. drone. why the u.s. is highly skeptical of this story. d like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories....
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Dec 25, 2012
12/12
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KICU
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cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii
cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that...
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Nov 28, 2012
11/12
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KGO
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cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters ab
cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over...
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Dec 5, 2012
12/12
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KRON
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as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go up on the top 2 percent of taxpayers.// >> he's punishing success. we'll put at risk the economic growth that we really need to create the jobs, to create taxpayers and to create the revenue we need to lower our deficit. >> after a white house meeting tuesday, a bipartisan group of governors expressed hope an agreement will be reached, soon. none of us >> but none of us want to see taxes on middle class folks go up and we think it would have a significantly negative impact on our economy but we are not backing one particular plan or the other. >> experts forecast economic turmoil in january, if a deal is not reached. in wash
as negotiations as negotiations to avoid the so-called "fiscal cliff" continue, republicans were equally dismissive of the last proposal from the president. >> his proposal was so outlandish i don't think we should go back to the table until he puts something there that we can work with. >> the key sticking point between the two sides hasn't changed -- tax rates for the wealthy. >> the math is clear. the only way to accomplish these things is to allow the rates to go...
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Dec 25, 2012
12/12
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KTVU
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cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii
cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that...
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Dec 31, 2012
12/12
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KTVU
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. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promi
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain...
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Dec 18, 2012
12/12
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KICU
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a deal may be in place to help avoid that fiscal cliff. the president gave speaker boehner a new offer that is said to be close to the one the speaker proposed. speaker boehner is set to meet with house republicans tomorrow morning. there are still obstacles to overcome. >>> in the north bay, a homeowner with a real scrooge story. someone has stolen the live christmas tree that was growing right in his front yard. only on 2. >> reporter: this busy yard once had three pines and a little grove. now there are none. >> in somebody's living room. >> reporter: chuck mains is talking about the 7-foot pine he decorated in early december. >> it looks like they just broke it off. >> reporter: stolen over the weekend, while i was home. >> there was one here. one here, and there was another one over there. >> reporter: he planted three pines a few years ago. one died, a second was swiped from behind his picket fence last christmas. and now scattered ornaments, all that's left of the third. >> do you have any suspects? >> no. >> they took your lights t
a deal may be in place to help avoid that fiscal cliff. the president gave speaker boehner a new offer that is said to be close to the one the speaker proposed. speaker boehner is set to meet with house republicans tomorrow morning. there are still obstacles to overcome. >>> in the north bay, a homeowner with a real scrooge story. someone has stolen the live christmas tree that was growing right in his front yard. only on 2. >> reporter: this busy yard once had three pines and a...
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Nov 16, 2012
11/12
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KNTV
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coming up, the president meeting with congressional leaders today to try and avoid that fiscal cliff. hear what republicans right now are saying about a possible compromise this morning. >>> and a showdown between two bay area tech giants is about to go down. details coming up in a live report. >>> just in to our newsroom this morning, say goodbye to twinkies and ding dongs. hostess is going out of business. the maker of zichlt ngers and wonder bread have said striking workers have refused an ultimatum to return to work by the end of the day so the company is moving forward with a full shutdown. hostess employs 18,000 people. an american tradition. >> that is crushing news. we'll see if someone swoops in to buy them up. >>> google getting ready to take on apple's mapping system. >>> plus superstorm sandy and the fiscal cliff doing a number on the stock prices. for that and more we turn it over to seema mody for all of your business news. seema, good morning. >> reporter: everything you need. very good morning to you, guys. let's take a look at the markets first. futures lower after st
coming up, the president meeting with congressional leaders today to try and avoid that fiscal cliff. hear what republicans right now are saying about a possible compromise this morning. >>> and a showdown between two bay area tech giants is about to go down. details coming up in a live report. >>> just in to our newsroom this morning, say goodbye to twinkies and ding dongs. hostess is going out of business. the maker of zichlt ngers and wonder bread have said striking workers...
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Nov 27, 2012
11/12
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KPIX
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cliff." if they don't reach a deal by the end of the year, tax hikes and across the board budget cuts will automatically kick in. susan mcginnis has more on today's efforts to get democrats and republicans a little closer together. >>> reporter: president obama will begin a media blitz this week highlighting his efforts to steer clear of the "fiscal cliff." he will first meet with small business owners at the white house today. at the other end of pennsylvania avenue, fellow democrat senator dick durbin will give what's being called a major speech laying out a case for a bipartisan deal. durbin's a member of the senate's gang of 8, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for 2 1/2 year. democratic senator mark warner is also in the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore not because the programs are bad but because thank goodness we'r
cliff." if they don't reach a deal by the end of the year, tax hikes and across the board budget cuts will automatically kick in. susan mcginnis has more on today's efforts to get democrats and republicans a little closer together. >>> reporter: president obama will begin a media blitz this week highlighting his efforts to steer clear of the "fiscal cliff." he will first meet with small business owners at the white house today. at the other end of pennsylvania avenue,...
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Nov 9, 2012
11/12
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KPIX
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cliff." if congressional democrats and republicans don't reach a budget deal by the end of the year the bush-era tax cuts will expire. deep across the board spending cuts will kick in. for now the vice president joe biden and many others in washington are expressing confidence that it can be avoided. >> we're determined not to go over the cliff. i think better heads will prevail. >> nonpartisan congressional budget office predicts the "fiscal cliff" would send the unemployment rate skyrocketing above 9% next year. >>> those types of concerns are showing up in the world market this morning. major asian and european markets are down today following two rough days for the dow, nasdaq and s&p 500 here at home. u.s. futures are also down this morning. investors also are concerned about europe's debt crisis. >>> new rules could mean shorter lines at gas stations in new york. police are at gas stations today to enforce a new fuel rationing plan. it lets people fill up their cars every other day depe
cliff." if congressional democrats and republicans don't reach a budget deal by the end of the year the bush-era tax cuts will expire. deep across the board spending cuts will kick in. for now the vice president joe biden and many others in washington are expressing confidence that it can be avoided. >> we're determined not to go over the cliff. i think better heads will prevail. >> nonpartisan congressional budget office predicts the "fiscal cliff" would send the...
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Nov 15, 2012
11/12
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WBAL
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this after taking a strong stance on the looming fiscal cliff telling lawmakers that the economy cannot afford a tax increase on all americans. republican leaders say raising income tax rates on wealthier americans would hurt job creation. >>> new health concerns this morning for yet another popular caffeinated drink, 13 reported deaths have been linked to the possible involvement of 5-hour energy. according to the fda, reports date back to 2009, dozens involving life-threatening issues like convulsions, heart attacks, and even a spontaneous abortion. the company that distributes the energy shot drink says it is unaware that any deaths can be proven to be caused by 5-hour energy and that the drink is safe when used as directed. >>> nbc news has confirmed this morning, british oil giant bp has agreed to pay a record criminal penalty as it nears a federal settlement over the 2010 gulf oil disaster. the settlement also includes criminal charges in connection with the deadly oil rig explosion. >>> u.s. women's soccer team goalie solo and jeremy stevens were married tuesday, the same day the
this after taking a strong stance on the looming fiscal cliff telling lawmakers that the economy cannot afford a tax increase on all americans. republican leaders say raising income tax rates on wealthier americans would hurt job creation. >>> new health concerns this morning for yet another popular caffeinated drink, 13 reported deaths have been linked to the possible involvement of 5-hour energy. according to the fda, reports date back to 2009, dozens involving life-threatening...
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Dec 16, 2012
12/12
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KGO
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as lawmakers here and the president grapple with ways to avoid the impending fiscal cliff a top republican offered to raise income taxes on americans earning more than $1 million a year. >>> the move by house speaker john boehner as a concession in negotiations with president obama to avoid the fast approaching end of temporary tax cuts. but the offer falls far short of the president's demand for an increase on household earnings more than 250,000 dollars. while the news suggests a possible break through in the stand off standoff to reduce the may gos's huge debt problem a spokesman for boehner says a deal is not eminent. >>> there are so many lirnging questions from friday's school shooting in connecticut abc this week has assembled a team of political leaders in connecticut to try to answer them. can any measures protect from mass shootings in the future? how will officials respond? the senators join george stephanopolis coming up. don't miss this special edition of this week with george this morning at 8:00 right here on abc 7. >>> is the entire weekend going to be a washout in you have
as lawmakers here and the president grapple with ways to avoid the impending fiscal cliff a top republican offered to raise income taxes on americans earning more than $1 million a year. >>> the move by house speaker john boehner as a concession in negotiations with president obama to avoid the fast approaching end of temporary tax cuts. but the offer falls far short of the president's demand for an increase on household earnings more than 250,000 dollars. while the news suggests a...
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Dec 18, 2012
12/12
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KTVU
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a deal may be in place to help avoid that fiscal cliff. the president gave speaker boehner a new offer that is said to be close to the one the speaker proposed. speaker boehner is set to meet with house republicans tomorrow morning. there are still obstacles to overcome. >>> in the north bay, a homeowner with a real scrooge story. someone has stolen the live christmas tree that was growing right in his front yard. only on 2. >> reporter: this busy yard once had three pines and a little grove. now there are none. >> in somebody's living room. >> reporter: chuck mains is talking about the 7-foot pine he decorated in early december. >> it looks like they just broke it off. >> reporter: stolen over the weekend, while i was home. >> there was one here. one here, and there was another one over there. >> reporter: he planted three pines a few years ago. one died, a second was swiped from behind his picket fence last christmas. and now scattered ornaments, all that's left of the third. >> do you have any suspects? >> no. >> they took your lights t
a deal may be in place to help avoid that fiscal cliff. the president gave speaker boehner a new offer that is said to be close to the one the speaker proposed. speaker boehner is set to meet with house republicans tomorrow morning. there are still obstacles to overcome. >>> in the north bay, a homeowner with a real scrooge story. someone has stolen the live christmas tree that was growing right in his front yard. only on 2. >> reporter: this busy yard once had three pines and a...
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Nov 16, 2012
11/12
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KTVU
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he is pushing for consensus on how to avoid the upcoming fiscal cliff. the president meets with democratic and republican leaderrers of both the house and senate. the vice president will be there as well. president obama wants any deficit reduction plan to include tax increases on the wealthy. republican leaders are saying they will not accept those higher tax rates. >>> one week after he resigned as cia director divide petraeus is testifying in a closed door intelligence hearing on capitol hill about the attack on the u.s. consulate in benghazi. emily is in washington with a report on the hearings. good morning, emily. >> reporter: hi pam. david petraeus' testimony before the house intelligence committee began early. in fact just two hours ago it wrapped up after an hour and a half despite all of the pictures people wanted to get of him going into the closed door hearing. he went in out of the cameras view. once he got into that hearing room no way to escape really being put on the spot. no way to avoid scrutiny. the house and senate intelligence commit
he is pushing for consensus on how to avoid the upcoming fiscal cliff. the president meets with democratic and republican leaderrers of both the house and senate. the vice president will be there as well. president obama wants any deficit reduction plan to include tax increases on the wealthy. republican leaders are saying they will not accept those higher tax rates. >>> one week after he resigned as cia director divide petraeus is testifying in a closed door intelligence hearing on...
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Dec 18, 2012
12/12
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KGO
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ahead, avoiding the fiscal cliff. potential deal house speaker boehner is trying to sell house republicans. >>> trading underway on wall street(añ;x;x;x;x;x . >> welcome back. live doppler 7 hd last three hours in motion, showers over the ocean getting close to sea ranching falling part as they come down the mendocino county coast, a few lightning bolts out of that storm earlier. raining now grapevine, around l.a., snow in the sierra and higher elevations around mount shasta where it is going to stay the better part of today 50s everywhere septa 39, yosemite 45, mid to upper -- 60s, san diego, los angeles and palm springs. straight ahean "good morning america." >>> in difficult times like these, josh, i think a little nostalgia, a little song, really good for everybody. do they sing? >> they sing a few bars during the interview, we are going to have a performance coming up and again you are right, nose stallia, a little bit of -- nostalgia a little bit of comfort this morning. >>> this morninger speaker bane -- this
ahead, avoiding the fiscal cliff. potential deal house speaker boehner is trying to sell house republicans. >>> trading underway on wall street(añ;x;x;x;x;x . >> welcome back. live doppler 7 hd last three hours in motion, showers over the ocean getting close to sea ranching falling part as they come down the mendocino county coast, a few lightning bolts out of that storm earlier. raining now grapevine, around l.a., snow in the sierra and higher elevations around mount shasta...
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Nov 28, 2012
11/12
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KNTV
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with the fiscal cliff looming, republicans accusing the president of turning this into a pr campaign. we'll go live to washington with what the republicans are doing to fight back. >>> live look in san francisco this morning. big storming headed our way. it's going to last throughout the weekend. all headed our way for the morning commute as well. a rough morning ahead. our team coverage of the storm continues next. >>> it is 5:41 right now. we can tell you temperatures are flaring out on capitol hill right now in a fight. tracie potts live on capitol hill with the latest. >> two questions today, what's going on behind the scenes. top democrat on the senate side says not a lot. what's going on in front of the cameras? today at the white house, middle class families telling their stories. what would happen if they had to pay another 2200 dollars in taxes next year. president obama meeting with big business ceos. we're talking companies you'd recognize. republicans meeting with top ceos, pushing their side of things. now, republicans also criticizing the president for a trip that he has
with the fiscal cliff looming, republicans accusing the president of turning this into a pr campaign. we'll go live to washington with what the republicans are doing to fight back. >>> live look in san francisco this morning. big storming headed our way. it's going to last throughout the weekend. all headed our way for the morning commute as well. a rough morning ahead. our team coverage of the storm continues next. >>> it is 5:41 right now. we can tell you temperatures are...
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Nov 26, 2012
11/12
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KNTV
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back to work for congress as it tries to avoid the so-called fiscal cliff. republicans and democrats have signed and signalled they may be ready to compromise on a hot button issue like tax increases. if a budget deal is not reached by the end of december, automatic tax increases and spending cuts will kick in. >>> the u.s. supreme court justices will decide this week whether to hear a case challenging the defense of marriage act, which prohibits the government from recognizing same-sex marriages. a married lesbian couple from san francisco is suing because they cannot share benefits on an employer-sponsored health care plan. >>> online retailers hope consumers will get online today for cyber monday. the research firm predicts americans will spend $1.5 billion on this cyber monday, which could be a 20% jump from last year. just don't get yourself fired if you're working. >> thanks for joining us. we'll have a local upday at 7:25. okay. >>> good morning. point, click, buy. americans expected to spend $1.5 billion today shopping online. we'll tell you why this
back to work for congress as it tries to avoid the so-called fiscal cliff. republicans and democrats have signed and signalled they may be ready to compromise on a hot button issue like tax increases. if a budget deal is not reached by the end of december, automatic tax increases and spending cuts will kick in. >>> the u.s. supreme court justices will decide this week whether to hear a case challenging the defense of marriage act, which prohibits the government from recognizing...
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Nov 26, 2012
11/12
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KPIX
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cliff. susan mcginnis is in washington with what republicans and democrats now say they are willing to do to reach a deal. >> reporter: president obama and congress begin negotiations this week to avoid are the coming fiscal cliff, about $6 billion in tax hikes and spending cuts that will kick in. both sides say they're looking for ways to compromise. >> that's what it's about, if regan and o'neill can do it, obama should be able to do it. >> reporter: but republicans have consistently voted against any deal that raises tax revenue. >> the key is whether or not the republicans will move away from the id logically rigid tradition which was the grove pledge that they will not go for additional revenue. >> reporter: for the first time the antitax pledge seems to be negotiable. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid the coming grief and republicans should put revenue on the table. >> reporter: but new revenue doesn't necessarily mean ne
cliff. susan mcginnis is in washington with what republicans and democrats now say they are willing to do to reach a deal. >> reporter: president obama and congress begin negotiations this week to avoid are the coming fiscal cliff, about $6 billion in tax hikes and spending cuts that will kick in. both sides say they're looking for ways to compromise. >> that's what it's about, if regan and o'neill can do it, obama should be able to do it. >> reporter: but republicans have...
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Dec 27, 2012
12/12
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house republicans tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back at work. >> at the very least let's agree right now on what we already agree on. >> reporter: an olive branch to the gop and carrot to corporate giants, including the bay area's google and apple. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loop holes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are concerned because they're not sure the extent to which exemptions would be eliminated. >> reporter: wells capital management senior economist gary slosberg is optim
house republicans tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back...
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176
Dec 19, 2012
12/12
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KICU
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leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie brown episode. they jerk the ball away. >> reporter: president obama's latest officer would raise taxes on families making more than $400,000 a year and would cut spending by $850 billion. analysts say investor optimism about a deal to avoid the fiscal cliff pushed stocks higher today on wall street. dough isup 115 points. nasdaq was up 43 points. >>> instagram just posted a rule that indicated the company policy would allow instagram to sell photos posted by users. however today instagram said it would modify specific parts of its policy and the company has no intentions of using the users photo
leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie...
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Nov 16, 2012
11/12
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KTVU
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cliff. the vice president will also attend. president obama wants any deficit reduction plan to include tax increases on the wealthy. republican leaders say they will not accept higher tax rates. >>> the thanksgiving holiday travel season kicks off at san francisco airport today. today is expected to be the busiest day. that is a 3% increase from last year. >>> time now 5:37. let's go right back to sal. you showed us a problem a moment ago. what is happening on the freeway in >> that is right east shore freeway. west 80. it was a truck crash and also several cars with flat tires now. the freeway is down to a couple of lanes. here's where the backup begins. right down here you can see or right up here as we tilt up you can see how bad the traffic is upstream as everyone is kind of winding down to those lanes. once you actually get to the accident there is you know it does get better. but you will be in a lot of slow traffic coming in on 80 westbound. coming in from at least richmond now. this
cliff. the vice president will also attend. president obama wants any deficit reduction plan to include tax increases on the wealthy. republican leaders say they will not accept higher tax rates. >>> the thanksgiving holiday travel season kicks off at san francisco airport today. today is expected to be the busiest day. that is a 3% increase from last year. >>> time now 5:37. let's go right back to sal. you showed us a problem a moment ago. what is happening on the freeway in...
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Nov 30, 2012
11/12
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KPIX
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fiscal cliff. >> republicans call it an insulting joke. >> the biggest stumbling block remains, new taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a mystery. >> the ticket holder may be all the way across this country in maryland. surveillance video shows a man who purportedly just found out that he wan on. >> now asking that person to come forward, show his ticket and bring your papers. >> lindsay lohan went to jail just to stay dry. >> whipped out his membership card. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely hu
fiscal cliff. >> republicans call it an insulting joke. >> the biggest stumbling block remains, new taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a...
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157
Nov 16, 2012
11/12
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KGO
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eye 157
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looming fiscal cliff. congressional leaders will be at the white house to talk about averting automatic tax increases set to go into effect in january. he will meet with leaders of civil rights groups and other organizations to get their input. he spoke this week with labor leaders and corporate ceos who have backed his call on hire taxes on people making $250,000 a year. >> they will decide the fate of a 7-eleven. more than a hundred residents listened as the city council and lawyers discuss the fuss of the new 7-eleven set to open on north san mateo drie. they are concerned because it was begin the go ahead to open that is not zoned for such a business. the site used to be an italian deli which was allowed to be there under a grandfather clause but it went out of business two years ago. >> we're continue to keep it up in good repair. >> kristen: residents say they are concerned that it will bring more crime, traffic and loitering to the neighborhood. lawyers for 7-eleven stand to lose about $4 million. >
looming fiscal cliff. congressional leaders will be at the white house to talk about averting automatic tax increases set to go into effect in january. he will meet with leaders of civil rights groups and other organizations to get their input. he spoke this week with labor leaders and corporate ceos who have backed his call on hire taxes on people making $250,000 a year. >> they will decide the fate of a 7-eleven. more than a hundred residents listened as the city council and lawyers...
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Dec 19, 2012
12/12
by
KGO
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eye 136
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a solution to avoid the fiscal cliff. abc 7 news is in washington with the latest. >> back and forth continued today two.bcuides not close to a final deal. house speaker john boehner says he continues to work with the president but keeping handy a plan b, extending the bush tax cuts for everybody making less than $1 million. >> having a back up plan to make sure few taxpayers were affected by this increase as possible. moving down that path is the right course of action for us. >> after meeting with boehner yesterday, the president sweetened his offer including $1.2 trillion in tax increases down from the offer of $1.6 trillion. extending tax cuts for every american earning less than0oñ $400,000 a year, instead of $250,000. limiting amount of cost of living increases for social security recipients and a two year extension on the debt ceiling. >> the president has come halfway, republicans have come about this far. so we're close. the president demonstrated his reasonableness. >> but boehner says that is not quite the bal
a solution to avoid the fiscal cliff. abc 7 news is in washington with the latest. >> back and forth continued today two.bcuides not close to a final deal. house speaker john boehner says he continues to work with the president but keeping handy a plan b, extending the bush tax cuts for everybody making less than $1 million. >> having a back up plan to make sure few taxpayers were affected by this increase as possible. moving down that path is the right course of action for us....
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Dec 22, 2012
12/12
by
KRON
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eye 162
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cliff. this is a live look outside and mount tam. it will be rare bacteriwe will Ño >> we're back at 7:30 a.m. period. >> we are starting to see some clearing conditions and the north bay. much of california is impacted by these storms. petaluma, santa rosa are dealing with light showers. as we zoom into the public insula look at the daly city and san francisco. they're also getting light showers. into the south that we do have light showers for san jose and los gatos. for the east bay shore for oakland and alameda they are dealing with light showers. it is heavier is the push into the inland valleys. taking a look at your head allies. we are dealing with heavy morning rain. hill and lightning has been reported. tomorrow morning we do have more rain coming. the gusty winds will be stronger than they were today. i would tell you more about this in my next forecast. >> bay area storms combined with the blizzard conditions in the midwest caused widespread delays and cancellations at s.f. 0 on
cliff. this is a live look outside and mount tam. it will be rare bacteriwe will Ño >> we're back at 7:30 a.m. period. >> we are starting to see some clearing conditions and the north bay. much of california is impacted by these storms. petaluma, santa rosa are dealing with light showers. as we zoom into the public insula look at the daly city and san francisco. they're also getting light showers. into the south that we do have light showers for san jose and los gatos. for the east...
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182
Dec 27, 2012
12/12
by
KOFY
tv
eye 182
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no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that doesn't happen, most believe taxes will go up next year. >> one of the things that is being floated right now is people are advising people to get out of dividend paying funds, high dividend yield funds and move more into tax exempt bonds and things like that tha
no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may...
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196
Dec 19, 2012
12/12
by
KTVU
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eye 196
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leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie brown episode. they jerk the ball away. >> reporter: president obama's latest officer would raise taxes on families making more than $400,000 a year and would cut spending by $850 billion. analysts say investor optimism about a deal to avoid the fiscal cliff pushed stocks higher today on wall street. dough isup 115 points. nasdaq was up 43 points. >>> instagram just posted a rule that indicated the company policy would allow instagram to sell photos posted by users. however today instagram said it would modify specific parts of its policy and the company has no intentions of using the users photo
leaders offered what they're calling a plan b as a solution to the so called fiscal cliff crisis. john boehner suggested raising taxes only on those making more than $1 million a year and cutting federal spending by a trillion dollars: but some say they will not support any tax increase. and democrats say the gop's plan b will never pass the senate. >> every time we get down to doing something for the long term financial security of this country, they take that football and it's a charlie...
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253
Dec 21, 2012
12/12
by
KTVU
tv
eye 253
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insiders say it could benefit republicans to go over the fiscal cliff. tax rates would go up for everyone january 1st and pruns could vote for tax cuts then instead of tax hikes for the wealthy now. that said, president obama believes he and congress can quickly come up with a deal that pleases both parties. members of congress head home for christmas today. they get back to work next thursday, four days before the deadline. kyla campbell, ktvu channel 2 news. >>> right now san jose police are investigating a fatal stabbing that happened early in morning. this is the 45th homicide of the year in san jose. ktvu's janine de la vega is on the scene now tell us this all started at a party. >> reporter: we're here on oakland road. in the last few minutes we've seen officers looking in the parking lot. they've been using their flashlights and looking into bushes for evidence here in front of this business called the agency. that's where about 20 to 30 people were celebrating in the early-morning hours. at 3:00 this morning, police were called to that business
insiders say it could benefit republicans to go over the fiscal cliff. tax rates would go up for everyone january 1st and pruns could vote for tax cuts then instead of tax hikes for the wealthy now. that said, president obama believes he and congress can quickly come up with a deal that pleases both parties. members of congress head home for christmas today. they get back to work next thursday, four days before the deadline. kyla campbell, ktvu channel 2 news. >>> right now san jose...
518
518
Dec 5, 2012
12/12
by
CNNW
tv
eye 518
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the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress about exactly what happened in benghazi. every single members of the house of representatives, all 400 plus of them were invited. so elise, this is a multimedia presentation. so is it a power point on benghazi? >> reporter: well, carol, the members are just starting to arrive right now. they will be meeting in this room right here, this auditorium. minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific le
the optics of republicans leaving today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress...